X-RAY EQUIPMENT MARKET ANALYSIS

Market Challenges And Opportunities

Emerging prevalence of fractures and orthopedic disorders is expected to boost market growth

Prevalence of fractures and orthopedic disorders is increasing globally and x-rays are majorly used to trace such fractures or disorders in bones. According to World Health Organization (WHO), 2017, around 37.3 million falls occur every year, it may lead to fracture or bone injuries. Increasing incidence of diseases such as cancer, pneumonia, osteoporosis, and dental problems are expected to fuel demand for x-ray equipment, which in turn, is expected to fuel growth of the x-ray equipment market in the near future. High cost of advanced x-ray equipment have influenced inclination towards cheap x-ray equipment supplied by domestic manufacturers, which in turn, poses as a major restraint for growth of the market.